Rental prices in Romania vary depending on the location and the type of property. In general, prices in the capital city of Bucharest are higher compared to other cities in Romania.
Expats tend to live in popular areas such as the city center, or near the British or American embassies. In these areas, a one-bedroom apartment typically costs between 1,200 and 2,000 Romanian Lei (RON) per month, while a three-bedroom apartment can cost between 2,500 and 4,000 RON per month.
In smaller cities and towns, rental prices are generally lower, with a one-bedroom apartment costing between 800 and 1,500 RON per month, and a three-bedroom apartment costing between 1,500 and 2,500 RON per month.
Rental Caps in Romania
There are currently no rental caps in place in Romania. The market is largely unregulated, meaning that landlords can set the rent at their discretion.
Deposit and Rules for Return
When renting a property in Romania, a deposit is typically required. The amount of the deposit varies depending on the landlord, but it is usually one or two months’ rent. The deposit is returned to the tenant at the end of the tenancy, provided that the property is returned in the same condition as it was at the start of the tenancy.
If there is any damage to the property, the landlord may deduct the cost of repairs from the deposit. The tenant is responsible for paying any utility bills, such as electricity and water, during the tenancy.
Price and Availability of Rentals
The price and availability of rentals in Romania can change at different times of the year. During the summer months, demand for rentals tends to increase as tourists flock to the country. This can result in higher prices and a shortage of available properties, particularly in popular tourist destinations.
The winter months, on the other hand, tend to be quieter, with lower demand for rentals. This can result in lower prices and a greater availability of properties. However, it is worth noting that the winter months can be very cold in Romania, with temperatures often dropping below freezing, which may make it less appealing to some people.
Overall, the rental market in Romania is relatively stable, with prices and availability generally remaining constant throughout the year. However, it is always worth doing research and shopping around to find the best deal on a rental property.
